Fundraising FoxQuantum Industrial Development
San Antonio, US · Founded 2014 · Texas corporation
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Quantum IDC develops the APEX PowerTrain, a fuel-agnostic, grid-independent hybrid propulsion system designed to improve fuel efficiency and reduce emissions. The technology is intended for use across propulsion platforms including automotive, locomotive, and maritime applications.
Founders & leadership
JS
JOSEPH S MCDOWELLNamed on SEC filing
Reported raises · per SEC filings
Form D private placements$308.3K disclosed across 1 of 2 rounds · 2015–2017
▶$500KofferedSep 2017 · Other TechnologyRule 506(b)
▶$500KofferedSep 2017 · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- JOSEPH S MCDOWELLExecutive Officer
- KEVIN M CHANDLERDirector
- Offering amount
- $500K
- Minimum investment
- $100K
- Proceeds to insiders
- $10K
- Incorporated
- Corporation, Texas, 2014
- Federal exemptions
- 06b
▶$308.3KraisedSep 2017 · 12 investors · Other TechnologyRule 506(b)
▶$308.3KraisedSep 2017 · 12 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- JOSEPH S MCDOWELLExecutive Officer
- Offering amount
- $400K
- Amount sold
- $308.3K
- Minimum investment
- $5K
- Proceeds to insiders
- $12K
- First sale
- Jun 2015
- Incorporated
- Corporation, Texas, 2014
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Frequently asked questions
- What does Quantum Industrial Development do?
- Quantum IDC develops the APEX PowerTrain, a fuel-agnostic, grid-independent hybrid propulsion system designed to improve fuel efficiency and reduce emissions. The technology is intended for use across propulsion platforms including automotive, locomotive, and maritime applications.
- How much funding has Quantum Industrial Development raised?
- Quantum Industrial Development has disclosed $308.3K raised across 1 of its 2 known rounds.
- Where is Quantum Industrial Development headquartered?
- Quantum Industrial Development is headquartered in San Antonio, US.